Trump says chips from China will face national security probe; further tariffs expected

Those electronics "are just moving to a different Tariff 'bucket,'" Trump said in a social media post. "We are taking a look at Semiconductors and the WHOLE ELECTRONICS SUPPLY CHAIN in the upcoming National Security Tariff Investigations."
The
Trump's commerce secretary,
The exclusions announced on Friday were seen as a big break for technology firms such as
Trump's back-and-forth on tariffs last week triggered the wildest swings on
Lutnick said Trump would enact "a special focus-type of tariff" on smartphones, computers and other electronics products in a month or two, alongside sectoral tariffs targeting semiconductors and pharmaceuticals. The new duties would fall outside Trump's so-called reciprocal tariffs, under which levies on Chinese imports climbed to 125% last week, he said.
"He's saying they're exempt from the reciprocal tariffs, but they're included in the semiconductor tariffs, which are coming in probably a month or two," Lutnick said in an interview on
"The bell on a tiger's neck can only be untied by the person who tied it,"
Billionaire investor
If Trump paused Chinese tariffs for 90 days and cut them to 10% temporarily, "he would achieve the same objective in causing U.S. businesses to relocate their supply chains from
'CHANGES EVERY DAY'
"Sentiment check: The biggest rally of the year would come on the day Lutnick gets fired," Henrich wrote on X. "I suggest the administration figures out who controls the message, whatever it is, as it changes every day. US business can't plan or invest with the constant back and forth."
U.S. Senator
"There is no tariff policy - only chaos and corruption," Warren said on
In a notice to shippers late on Friday, the
In an interview on
Trade Representative
"My goal is to get meaningful deals before 90 days, and I think we're going to be there with several countries in the next few weeks," Greer said.
"Right now we are at a decision-making point and very close to a recession," Dalio said on Sunday. "And I'm worried about something worse than a recession if this isn't handled well."
(Reporting by
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